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2021 (3) TMI 1273 - HC - GSTSeeking Bail - condition to furnish a bank guarantee/ FDR for amount of ₹ 50 lakhs - a case was registered under Section 132(1) (b) & (c) punishable under Section 132(1) (i) of CGST Act - It is contended that, the imposition of condition to furnish a bank guarantee/ FDR for amount of ₹ 50 lakhs only as it was contrary to the mandate of the Supreme Court in Saravanan vs.State represented by the Inspector of Police, [2020 (10) TMI 1249 - SUPREME COURT] wherein the Supreme Court set aside the condition imposed by the High Court directing the petitioner to deposit an amount of ₹ 8 lakhs while being released on default bail. HELD THAT:- Economic offences constitute a class apart as compared to the 3 of 6 other offences. Coming to the instant case in the wake of the allegations levelled against the petitioner, it need not be over-emphasized that the parameters in such like cases would definitely warrant a different and stricter application of the conditions of bail. Hence, the imposition of ₹ 50 lakhs as a pre-requisite condition cannot by any stretch of imagination be said to be onerous much less being against the mandate of the Supreme Court in Saravanan's case (supra). A perusal of the impugned order reveals that the trial Court has carefully examined the facts, circumstances and background of the case while imposing the impugned condition and the same is founded on sound judicial principles. Petition dismissed.
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